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realcaseyrollins@narwhal.cityM to Finance@thelemmy.club · 19 hours ago

Fed report says Americans pay for almost all of Trump's tariffs

www.detroitnews.com

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Fed report says Americans pay for almost all of Trump's tariffs

www.detroitnews.com

realcaseyrollins@narwhal.cityM to Finance@thelemmy.club · 19 hours ago
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The bank said 90% of the tariffs imposed by the president on imported goods are borne by American consumers and companies.

https://www.detroitnews.com/story/business/2026/02/12/fed-report-says-americans-pay-for-almost-all-of-trumps-tariffs/88643248007/

  • Lemmyoutofhere
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    18 hours ago

    Well obviously, who else would pay for them?

    • realcaseyrollins@narwhal.cityOPM
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      18 hours ago

      This was my first thought when I saw this news too lol

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